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  1. #1
    Expert KMaC's Avatar

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    The first pebble in the student loan default landslide

    NY judge has determined that bankruptcy can void student loan debt. I foresee Liz and Bernie championing the "courageous" decision to set precedent freeing people from student loan debt. Throw another trillion dollars on the fire.

    https://www.nbcnewyork.com/news/loca...loans/2257792/

  2. #2
    Expert

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    ...wondered how long that would take.

    The ramifications of that, if upheld in the Supreme Court, will be.. um. “Extensive”

    Without that protection, and the backing of the government, student loans would be 50% APR...or just nonexistent.

    Being that a lot of colleges are not affordable WITHOUT some loans, except by the most uppercrustest types..

    I think you see where I’m going with that.
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  3. #3
    I still care....Really
    churchmouse's Avatar

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    Many of these over priced socialists mills will fold under their own weight. If the snowflakes can not get grants/loans they will have to stay in moms basement.
    AKA..Thor. Odin son. God of thunder.
    But you can call me John.....Force.

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  4. #4
    Expert

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    Maybe the snowflakes ought to join the service before they melt in mommy's basement?

    Both of my kids forged into this world working whatever jobs they could meek out a living and have prospered well. Nothing wrong with skilled trades and apprenticeships!!
    Going to hell to regroup

    I am Asher's son.

    There is a bit of science in silence.

  5. #5
    I still care....Really
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    Quote Originally Posted by KokomoDave View Post
    Maybe the snowflakes ought to join the service before they melt in mommy's basement?
    You are kidding right.
    AKA..Thor. Odin son. God of thunder.
    But you can call me John.....Force.

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  6. #6
    Expert

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    Quote Originally Posted by churchmouse View Post
    You are kidding right.
    Of course. The purple was implied...
    Going to hell to regroup

    I am Asher's son.

    There is a bit of science in silence.

  7. #7
    I still care....Really
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    Quote Originally Posted by KokomoDave View Post
    Of course. The purple was implied...
    AKA..Thor. Odin son. God of thunder.
    But you can call me John.....Force.

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  8. #8
    Grandmaster Route 45's Avatar

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    Good. Let it all collapse.
    Deserves got nothing to do with it...

  9. #9
    Grandmaster femurphy77's Avatar

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    Quote Originally Posted by KokomoDave View Post
    Maybe the snowflakes ought to join the service before they melt in mommy's basement?

    Both of my kids forged into this world working whatever jobs they could meek out a living and have prospered well. Nothing wrong with skilled trades and apprenticeships!!
    But, but, but. . . . . . .You're telling us that you're OK with not supporting the for profit "education" scheme?


    It's a shame more people haven't figured it out. We just read a briefing talking about the lack of skilled craftsmen in this country and it's truly sad.

    Of course most of the #metoo crowd and their ilk have to call AAA if they get a flat so I guess it's expected.
    Yes I am for gun control!! A firm grip, steady aim, and a gentle squeeze!!

    What comes after your first "infraction"? Double Secret Probation perhaps???

  10. #10
    Network Warlord Haven's Avatar

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    It is possible to get a degree without going into debt and not being well to do. I didn't get my degree till I was 35, which was around 10 years ago. I got it because where I worked was willing to pay for it, as long as I got the grades to justify it.

    So while rare, it is possible.


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